We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Nationwide porting mortgage
peppapig14
Posts: 268 Forumite
We are 2 years into a 5 year fixed
I have just been made redundant and looking to get a job within 2 months
We also want to move and list our property by the summer
What checks do nationwide do when porting a mortgage - do they need to see income details like when submitting main application?
Would they need at least 3 months wageslips of my new job once I get one?
Although our income will go down compared to when we originally applied, we have savings and my redundancy payout so will easily ne able to afford to do so
I have just been made redundant and looking to get a job within 2 months
We also want to move and list our property by the summer
What checks do nationwide do when porting a mortgage - do they need to see income details like when submitting main application?
Would they need at least 3 months wageslips of my new job once I get one?
Although our income will go down compared to when we originally applied, we have savings and my redundancy payout so will easily ne able to afford to do so
0
Comments
-
Porting is just the rate element.Are you trying to borrow more than you currently have? If yes, then it will be subject to normal underwriting. If not then they may have some discretion if like for like.0
-
Nationwide will accept a new job offer and confirmed start date.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
-
ThanksEdi81 said:Porting is just the rate element.Are you trying to borrow more than you currently have? If yes, then it will be subject to normal underwriting. If not then they may have some discretion if like for like.
No we are not borrowing more, just want to transfer the outstanding amount0 -
Sounds good thank youkingstreet said:Nationwide will accept a new job offer and confirmed start date.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.8K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 246.9K Work, Benefits & Business
- 603.4K Mortgages, Homes & Bills
- 178.2K Life & Family
- 260.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards
